Topic: South Korea quarantines and burn their cash due to Coronavirus - page 4. (Read 602 times)
I dont think that this can be a good news for a crypto
thats a one wierd news i just read there . burning money really ? damn . im against with it because money is hard to find and they are only burning it , why cant they just give it to the poor . they are only over acting imo .
not only money but all things can be a carrier of bacteria ( only ) but will be easily worned off once we wash our hands properly . the real one that is risky is when you face to face with people and talk to them without wearing a masks . that is the best way for the virus to penetrate inside our body .
not only money but all things can be a carrier of bacteria ( only ) but will be easily worned off once we wash our hands properly . the real one that is risky is when you face to face with people and talk to them without wearing a masks . that is the best way for the virus to penetrate inside our body .
indeed according to the news which is the fastest spreading media, because it changes hands quickly to various people. if so, it is also useful to transact using crypto, because it can reduce direct contact with others, so that it can inhibit the development of the corona virus, besides that it seems the government is also closing 2 cities in south korea, to suppress the spread of the virus
One of life's great pleasures is going to one of those Coinstar machines and feeding in vast amounts of coins. I can't think of much that's more satisfying.
However the most striking thing about the process is the colour of your hand after sifting through all of those coins. You finish up with a thick layer of grey grime. That often makes me wonder.
This seems like a perfectly sensible move to me. However it does nothing to stop spreadage once it's out of their control.
There's nothing else in daily life that people handle on a near constant basis that has been handled by countless other unknowns. And they're heating cash, not burning it.
However the most striking thing about the process is the colour of your hand after sifting through all of those coins. You finish up with a thick layer of grey grime. That often makes me wonder.
This seems like a perfectly sensible move to me. However it does nothing to stop spreadage once it's out of their control.
If cash is supposed to contract viruses then sick people should burn all their clothes, their cars and other things they touched. Why nobody is recommending burning tissues and masks after use but they want to burn cash?
There's nothing else in daily life that people handle on a near constant basis that has been handled by countless other unknowns. And they're heating cash, not burning it.
Anyway, even with over 6000 cases of corona virus infection, that's still a pretty low rate. The mortality rate is likely well below that, too. Anybody know how many people died in S. Korea as a result of coronavirus? I don't know where to get that data from, but I'd be interested to know. I still think this situation is being blown out of proportion by the media--I'm not saying it's not a serious issue, just that corona virus doesn't seem to be any deadlier than seasonal flu, and it looks like it's killing the same at-risk population (very young, very old, and those with compromised immune systems).
Based on a Korean article, the recent number of cases I know is that there are 7,313 cases of Corona virus and 50 deaths. But the thing is, there's also cases were patients have recovered and been discharged. There's a 130 patients for that.
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https://twitter.com/OH_mes2/status/1236582004679782401
South Korea is one of the countries with a high number of cases of Coronavirus or COVID-19 with 6,248 infected cases.
Quote
I have just recently saw a Korean article saying that there are now 7,041 case of COVID-19 in Korea with 47 deaths.
The number of cases is rapidly increasing. As you can see when I posted this topic, it was just 6,248 cases then it increases to 7,041. But now, after checking the news, the total cases are now 7,313.
Another stupid idea that only increases the panic and wastes money.
If cash is supposed to contract viruses then sick people should burn all their clothes, their cars and other things they touched. Why nobody is recommending burning tissues and masks after use but they want to burn cash?
If cash is supposed to contract viruses then sick people should burn all their clothes, their cars and other things they touched. Why nobody is recommending burning tissues and masks after use but they want to burn cash?
Superstitious people are panaroid, they’re exaggerating by burning paper money, being a civilised nation one should never easily resort into open burning, may be they’re not civilised as we thought, and it’s very gentle to called them superstitious, because they’re publicly announcing to burn the virus to dead, and the virus that barely kill a dozen of people, and mainly a FUD attempt to downplay some economy.
I have no idea why you would consider burning to remove any traces of the virus as superstitious. They literally stated it in their report. Additionally, they did not burn all of it, but some of it. They quarantined the others and let it go undertreatment via ultraviolet or heat treatments. They're doing this officially and scientifically as they can. I have no idea why burning cash = superstitious when it comes out of your mind. Whats the point??? There is no evidence paper money can transmit the virus. It is person to person contact. Burning cash is a hysterical thing to do!! Everyone making mountains out of molehills about this Coronavirus stuff. The common flu will kill more people!!! People freak out just because there is no vaccine, thats all.
And there's also no evidence that it can't transfer it through paper money. Rather than letting it become a risk because of ignorance that they chose, wouldn't they choose the safest option? Lives are at stake here and I hardly understand why they would opt to choose the choice that could potentially increase the number of victims their country already has. When the title purposely highlight burn the cash, you didn’t really expect people to not make any remark on their decision making ability, I think it’s intentionally trying to pull attention by quarantine and further burn it, of course we should just ignore attention seeking sensational article which trying to include click bait and catchphrase.
Paper money is one of the things we are always holding and it is also one of the things that has a lot of bacteria because money is being passed from one person to another.
This is true (even though corona virus isn't bacterial) and S. Korea is probably doing the right thing with this move, although it could just be for the optics. People probably should be avoiding bank notes and coins for the time being and just use plastic of their smartphones.Anyway, even with over 6000 cases of corona virus infection, that's still a pretty low rate. The mortality rate is likely well below that, too. Anybody know how many people died in S. Korea as a result of coronavirus? I don't know where to get that data from, but I'd be interested to know. I still think this situation is being blown out of proportion by the media--I'm not saying it's not a serious issue, just that corona virus doesn't seem to be any deadlier than seasonal flu, and it looks like it's killing the same at-risk population (very young, very old, and those with compromised immune systems).
My concern now here on OP's post is the burning of cash. I guess maybe that is because of affected people who earlier made contact with the cash. But the question is, is it the only thing that contact was made of? How were they able to know the particular cash that contact was made of. I really think burning of cash isn't a way forward if the virus don't survive long outside its environment.
Superstitious people are panaroid, they’re exaggerating by burning paper money, being a civilised nation one should never easily resort into open burning, may be they’re not civilised as we thought, and it’s very gentle to called them superstitious, because they’re publicly announcing to burn the virus to dead, and the virus that barely kill a dozen of people, and mainly a FUD attempt to downplay some economy.
I have no idea why you would consider burning to remove any traces of the virus as superstitious. They literally stated it in their report. Additionally, they did not burn all of it, but some of it. They quarantined the others and let it go undertreatment via ultraviolet or heat treatments. They're doing this officially and scientifically as they can. I have no idea why burning cash = superstitious when it comes out of your mind. Whats the point??? There is no evidence paper money can transmit the virus. It is person to person contact. Burning cash is a hysterical thing to do!! Everyone making mountains out of molehills about this Coronavirus stuff. The common flu will kill more people!!! People freak out just because there is no vaccine, thats all.
And there's also no evidence that it can't transfer it through paper money. Rather than letting it become a risk because of ignorance that they chose, wouldn't they choose the safest option? Lives are at stake here and I hardly understand why they would opt to choose the choice that could potentially increase the number of victims their country already has. 
I think that these articles greatly exaggerate the ability of this virus to adapt. I have read in many recent scientific articles that the virus is weak for material circles in the sense that it dies after a short period of contact with surfaces and thus the way the virus is transmitted through contact or paper money is considered small.
The action taken by the Central Bank is only a precaution and one of the measures that is taken to try to reduce the number of injuries and avoid infection.
The action taken by the Central Bank is only a precaution and one of the measures that is taken to try to reduce the number of injuries and avoid infection.
The virus cannot survive even for a day on paper money. Birning it is an overkill.
I believe this is one of the attempts to curb the flow of cash and paint a certain picture in people's minds: "cash is dangerous, it can be used for money laundering, drug and terrorist operations, allows people to avoid taxes and is dirty. You can even get sick from using it! Use your credit card instead!"
News coming from Australia, where soon people will not be able to do cash transactions over 10k AUD, seem to confirm what the world banking is going for: a cashless society where every transaction is signed with your personal ID.
Whats the point??? There is no evidence paper money can transmit the virus. It is person to person contact. Burning cash is a hysterical thing to do!! Everyone making mountains out of molehills about this Coronavirus stuff. The common flu will kill more people!!! People freak out just because there is no vaccine, thats all.
Some may accuse you of things you didn't even think about... so it just better to let governments/people do what they believe is safe for them...I honestly hope it works
You tell friends the right way to minimize the issue, they call you a bigots or starts playing some childish trolling games on you.
Whats the point??? There is no evidence paper money can transmit the virus. It is person to person contact. Burning cash is a hysterical thing to do!! Everyone making mountains out of molehills about this Coronavirus stuff. The common flu will kill more people!!! People freak out just because there is no vaccine, thats all.
Because they think that the virus will be in the paper bill for quite some time and a person who has the virus but still doesn't knew about it can cobtaminate the paper and pass it to other people but even if the virus really gets into the paper it will die quickly but to lessen the risk they have done that which i think is good enough but of course having it quarantined is better for they will not need to burn it but takes time to do, after all it is the South Korea's way of handling virus and i think it is good rather than have none.
Whats the point??? There is no evidence paper money can transmit the virus. It is person to person contact. Burning cash is a hysterical thing to do!! Everyone making mountains out of molehills about this Coronavirus stuff. The common flu will kill more people!!! People freak out just because there is no vaccine, thats all.
Countries should probably consider the plastic notes too. People could always wash them when they get home.
I wonder why the plastic ones are not that popular. Guess they are easy to counterfeit, right? Can't the makers attach things in the plastic notes to make them hard to counterfeit?
I wonder why the plastic ones are not that popular. Guess they are easy to counterfeit, right? Can't the makers attach things in the plastic notes to make them hard to counterfeit?
These people are very superstitious, they rather believe in shaman than religious scholar or educated scholar, let the idiots do whatever they want.
Superstitions what? Where exactly did the superstition come from? Anything the virus touch could normally become a possible source of infection, so them taking precautionary measures isn't anything wrong imo. Even if it may not be the main way of transmission, it is still completely possible. Just like how it is said in various articles, the virus could rest itself on armrests of airplanes and the like, so why can't money be a possible one?https://www.aljazeera.com/news/2020/01/coronavirus-spread-protect-200130115539072.html
https://www.cdc.gov/coronavirus/2019-ncov/about/transmission.html
It's kind of a good way to prevent it, but without any major cleanups around the countries involved, it'd only be a temporary stop-gap or something similar. It'd still spread, but probably not through the banknotes released by them. Plus, the banknotes are in a sense, just paper. They can just reprint it, they are the banks after all. And it won't affect their economy whatsoever because the replaced banknotes were burned, so it couldn't be used anymore.
Superstitious people are panaroid, they’re exaggerating by burning paper money, being a civilised nation one should never easily resort into open burning, may be they’re not civilised as we thought, and it’s very gentle to called them superstitious, because they’re publicly announcing to burn the virus to dead, and the virus that barely kill a dozen of people, and mainly a FUD attempt to downplay some economy.
it's sad that knowing that there is a renewable outbreak, namely corona, hopefully this outbreak can be handled by every country affected and assisted by the world health agency so that it can pass and be resolved quickly so as not to infect more.
I agree with about that what is feared by South Korea that the impact other than human contact, it could be that the biggest impact is certainly the paper money used by the transaction. because it is very large that the transaction has changed hands all the time and we cannot know whether there might be someone who has been affected by the virus also spread through transactions with paper money.
the Korean government has taken the right action and hopefully this outbreak can be quickly handled.
If this measure really helps for stopping the coronavirus spearing,then other countries like China and Italy should do it as well.
Burning paper money isn't a big loss for the fiat money supply.Printing and production of new paper money is really cheap.People should be told to touch paper money with gloves and everything will be fine.
I wonder why there are still people in this forum,who are so over-hyped that the coronavirus will destroy the fiat economy and make cryptocurrency prices go to the moon.This simply isn't happening right now.
Burning paper money isn't a big loss for the fiat money supply.Printing and production of new paper money is really cheap.People should be told to touch paper money with gloves and everything will be fine.
I wonder why there are still people in this forum,who are so over-hyped that the coronavirus will destroy the fiat economy and make cryptocurrency prices go to the moon.This simply isn't happening right now.
Maybe not burn, but rather quarantine and subject to high-heat laundering process as mentioned from the OP. Though printing would really be a good alternative if that process would take so much resources. Better replace it with new ones, at least you know for sure that it is not affected by the virus. Since South Korea is on the top countries with high number of deaths, the reason of burning especially coming from the hard-hit areas of Daegu and Gyeongsan cities is very reasonable.
If this measure really helps for stopping the coronavirus spearing,then other countries like China and Italy should do it as well.
Burning paper money isn't a big loss for the fiat money supply.Printing and production of new paper money is really cheap.People should be told to touch paper money with gloves and everything will be fine.
I wonder why there are still people in this forum,who are so over-hyped that the coronavirus will destroy the fiat economy and make cryptocurrency prices go to the moon.This simply isn't happening right now.
Burning paper money isn't a big loss for the fiat money supply.Printing and production of new paper money is really cheap.People should be told to touch paper money with gloves and everything will be fine.
I wonder why there are still people in this forum,who are so over-hyped that the coronavirus will destroy the fiat economy and make cryptocurrency prices go to the moon.This simply isn't happening right now.
The SK must be quite desperate that they'd take any steps to ensure that the possibility of the virus spreading would be reduced, even if the chances of it reducing are low. Not to blame them though, as one of the countries that border around China, they'd be one of the countries who would most likely be hit by the impacts of the virus and the mass migration of the Chinese residents who COULD have been infected.
A step, but temporary nonetheless. The money they cleaned would or could possibly be infected one day. I don't really know how strong the attachment of the virus is towards objects once it leaves the body of the person, but since they are taking precautions about it, it must be possible, even if it has low chances.
A step, but temporary nonetheless. The money they cleaned would or could possibly be infected one day. I don't really know how strong the attachment of the virus is towards objects once it leaves the body of the person, but since they are taking precautions about it, it must be possible, even if it has low chances.
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